GCR Gespeg Resources Ltd

GESPEG COPPER INC. (TSX VENTURE:GCR) (the "Company" or "GESPEG") Gespeg is
pleased to announce the completion of a heliborne magnetic (MAG) and
spectrometric (SPEC) survey over its Vortex, In Between, and Murdochville
projects in the Gaspe region of Quebec (see
http://file.marketwire.com/release/Gaspesie_Geol.pdf).


During July and August 2012, Prospectair Geosurveys of Gatineau, Quebec;
surveyed a total of 9,128 line-kilometres over 3 of Gespeg's properties covering
a total of 1070 claims over about 585 square kilometers (Table 1). Various
computer techniques allowed the identification of a total of 436 magnetic
anomalies, 141 of which were defined as priority target by geophysicists.


Table 1:



----------------------------------------------------------------------------
                       Surface    Claim                                     
                          area    Cells                              Type of
Project      Line-Kms     (ha) (number)          Targets (numbers)    Survey
                                       ---------------------------          
                                        Priority Priority Priority          
                                               1        2        3          
----------------------------------------------------------------------------
Vortex            808    6 908      151       67       29       36  MAG-SPEC
----------------------------------------------------------------------------
In Between      5 702   50 954      908       74      115      105  MAG-SPEC
----------------------------------------------------------------------------
Murdochville       67      605       11        0        0       10  MAG-SPEC
----------------------------------------------------------------------------



The MAG survey conducted over the Company properties in the Gaspe region
(Vortex, In Between and Murdochville projects), was designed to produce new high
resolution data, with highly accurate depth prediction, in identifying anomalous
magnetic structures which have potential for precious and base metals
mineralization.


The SPEC survey identifies the concentration of potassium, a key factor in the
identification of areas affected by hydrothermal systems favourable to the
development of mineralization.


A study of mineral deposits and occurrences across the properties indicates that
pyrrhotite and magnetite (both magnetic) are frequently present in association
with mineralization observed. In fact, magnetic anomalies are observed for most
of these deposits/occurrences and strong anomalies are present at the depth of
the main deposits of Murdochville and at the Sullipek deposit. For these
reasons, the magnetic data are used to identify exploration targets. Most of the
deposits and occurrences also have anomalously high potassium (K)
concentrations. It is also well documented that hydrothermal systems associated
with intrusive stocks may be at the origin of porphyry copper deposits, altering
the surrounding rocks by potassium enrichment and creating replacement-type
Cu-skarn and Cu-Manto deposits in the surrounding carbonate rocks.
Potassium-rich areas that are coincident with magnetic anomalies are considered
to have higher potential for discoveries, and they establish an order of
priority for the investigation of the magnetic anomalies identified. The
management of the company is excited by the interpretations and are planning for
a summer 2013 campaign of preliminary ground exploration in order to explain the
anomalies defined as priorities. Geological and structural context will also be
integrated with the geophysical data in exploring these targets.


Bernard-Olivier Martel, P. Geo, V.P. exploration to the Company, is a qualified
person (as such term is defined in National Instrument 43-101 - Standards of
Disclosure for Mineral Projects) and has reviewed and approved the technical
disclosure contained in this news release.


About Gespeg Copper: Gespeg Copper is an exploration company with a focus on
copper, especially in a region vastly under-explored for the last 2 decades in
one of the best jurisdiction in the world, "Gaspe, Quebec".


With a dedicated management team, their goal is to create shareholder wealth
through the discovery of new deposits.


This news release contains certain statements that may be deemed
"forward-looking statements. Forward looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although Gespeg Copper
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or realities may differ materially from those in
forward looking statements. Forward looking statements are based on the beliefs,
estimates and opinions of Gespeg Copper management on the date the statements
are made. Except as required by law, Gespeg Copper undertakes no obligation to
update these forward- looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sylvain Laberge
President and CEO
514.702.9841
Slaberge@gespegcopper.com


Victor Goncalves
Vice-President Business Development
204.997.5517
Vgoncalves@gespegcopper.com

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